Participants at a forum on Tax Compliance and Responsibility have stressed the need for the Government to annually review Tax Exemption Clauses in the Tax Laws to know which of them to abolish or continue with for the benefit of the state.…
Mr Ken Ofori-Atta, the Minister of Finance has announced that the government will begin major interventions to boost private sector credit to support for the business community.
Already, he said the government had engaged many stakehold…
Government has spent GHC840 million on 97,373 beneficiaries recruited under the Nation Builders Corps (NaBCO), which is an initiative to reduce graduate unemployment in the country.
Additionally, 7,500 sheep has been supplied to farmers…
The Management of Access Bank Ghana has partnered with airline operator Emirates Airline to launch a flight service dubbed 'Fly Now, Pay Later' for customers.
The service, which is the first of its kind in the country, is an installment…
The Year-on-year inflation rate for October increased slightly to 7.7 per cent, up by 0.1 percentage point from the 7.6 per cent recorded in September 2019.
Professor Samuel Kobina Annim, the Government Statistician, who announced this …
The Minister of Finance, Mt Ken Ofori-Atta, says the Akufo-Addo's government has employed 55,000 nurses and paid GHc468 million allowances to 49,000 trainee nurses in the past 32 months.
Additionally,48,000 teacher trainess received all…
Ghana has launched guidelines for the Global Master Repurchase Agreement (GMRA) to support cash-market efficiency and liquidity and has scheduled its implementation for April 2, next year.
The event was also used to launch the Ghana Fix…
Click to read the full Budget Statement and Economic Policy of the Government of Ghana for the 2020 Financial Year as presented to Parliament on Wednesday, 13th November 2019 by Finance Minister, Ken Ofori-Atta.
It is on the theme: "Con…
There is "little sign of change" in women being under-represented in top jobs in business, a government-backed review has found.
In the FTSE 350, only 25 women are in chair roles, with fewer chief executives, the Hampton-Alexander Revie…
Tesla's chief executive, Elon Musk, has said Berlin will be the site of its first European factory as the carmaker's expansion plans power ahead.
"Berlin rocks," Mr Musk said, adding Tesla would build an engineering and design centre in…
The Volta River Authority (VRA), Ghana's premier electricity power generator, has asked for a competitive priced electricity tariff regime that incorporates financial compensation for its various ancillary services.
Mr Kweku Andoh Aw…
The Central Regional Office of the Food and Drugs Authority (FDA) in accordance with the Public Health Act 2012, ACT 851 has destroyed quantities of unwholesome products to safeguard public health and safety in Cape Coast.
The destroyed…
Vice President Dr Mahamudu Bawumia on Tuesday launched the Guidelines for the Global Master Repurchase Agreement (GMRA) and the Ghana Fixed Income Market (GFIM) to promote efficient and more vibrant bonds market in the country.
It is ex…
Cynicism in Government's flagship One-District-One-Factory (1D1F) policy is a clear demonstration of lack of self-believe and worth undermining Ghanaians' ability to understand the policy to create jobs for themselves and not government, M…
More than $68 billion in investment projects are under discussion at the Second Africa Investment Forum, which opened in Johannesburg on Monday, Dr Akinwumi Adesina, the President of the Africa Development Bank, has said.
Speaking at th…
A three-day Project Finance 2019 Conference, an event to help private sector mobilise funds, has commenced in Accra with a call on businesses to ensure transparency in their practice to unlock available financing schemes.
Mr Mike Carte…
The Fidelity Bank has rewarded 20 customers in its Global Visa 2019 Summer Campaign with flat screen television sets, microwave ovens, fridges, among other items.
The Global Visa Summer Campaign is a promotion, spanning a three-month pe…
Staff of Ecobank Ghana and various stakeholders on Saturday held a health walk to draw public attention to non-communicable diseases (NCD) and their prevention and treatment.
The walk is also to mark world Diabetes Day, which falls on 1…
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria, has presented cash of GH 20,000 cedis to the Ghana Journalists Association (GJA) in support of its 70th Anniversary and 24th Awards Night programme.
Mr William Amon Neequaye,…
Traders at the Tema Community one market on Monday appealed to the authorities to come to their aid as the constant flooding at the market makes it difficult for them to carry on with their daily activities.
The traders said the market …
The Tema West Taxi Branch Union of the Ghana Private Road Transport Union (GPRTU) has appealed to government to involve drivers when formulating policies that affected their activities.
They insisted that drivers played a very crucial r…
Ghana Cocoa Board (Cocobod) and the African Development Bank on Tuesday signed a $600 million receivables-backed term loan facility for the development of the cocoa sector.
The 7-year long-term investment, which was approved last Wednes…
The Ghana National Chamber of Commerce and Industry (GNCCI) has said there is the need for African governments to thoroughly discuss border crossing issues before the implementation of the Free Continental Trade agreement.
Nana Dr Appia…
Government has allocated an amount of GHC 45 million for the preparatory activities of the 2020 Population and Housing Census, Mr Ken Ofori-Atta, the Minister of Finance, has said.
Government has invested $1 million in the Trial Census …
Build the Economy through Entrepreneurship: Sipho Mseleku’s Call to African Governments and Business Leaders
In response to the challenges facing economies across the continent, Sakhumnotho has established two organisations set to have …
The GSE Composite Index shed 0.91 points to close at 2,170.69 (-0.04%) with a -15.61% year-to-date return as a result of downward price movements in two banking counters while market capitalization moderated by 0.02% to settle at GH¢56.10 …
Three quarters think their government has a responsibility to improve access to financial services
Three quarters of people with a below-average income for their country report feeling prosperous; Six in ten people across high-g…
African Energy Chamber Takes Part in High-Level Debate on the Future of the Global Oil & Gas Industry at Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)
Executives agreed that global energy markets are more than ever …
MTN Group today announced that its instant messaging platform, Ayoba has reached 1 million monthly active users. Ayoba is an advanced communications application localised for African and Middle East consumer needs, under an independent Ove…
Consumers would be more willing to travel if they were able to move freely within the continent, and if travel pain-points were addressed
Spend among African travellers could increase by 27 percent over the next year if they were able t…
Since 2011, 47 exploration licences have been granted by Côte d'Ivoire including four blocks in water depths exceeding 3000 metres
Côte d'Ivoire used the showcase of Africa Oil Week (Africa-OilWeek.com) to launch its latest offering in t…
Family businesses are rarely viewed as a sector which could influence economic growth, but the Africa Investment Forum is recognising them as important players on the continent.
For the first time at a conference of this nature, familie…
Africa Investment Forum 2019: Unveiling the Boardroom: $67.6 billion dollars of deals tabled, $40.1 billion investor interest secured
It was deals that brought participants to the 2019 Africa Investment Forum and they were not dis…
– Shareholding follows investment of US$50 million in AFC’s equity by AfDB
– AfDB becomes the second investment-grade Supranational Finance Institution to join the membership of and invest in AFC.
LAGOS, Nigeria, November 13th…
First disbursement of $40 million loan will help advance energy security
Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), today announced the first disbursement of a $40 million loan…
Digital freight forwarder Saloodo! today launched its digital logistics platform for shippers and transport providers in South Africa
First international digital road freight platform to be launched in the continent; Provides shippers a…
Ecobank signs up to The United Nations Environment Programme’s Finance Initiative (UNEP FI) Principles for Responsible Banking
The Principles aim to create a financial sector that serves people and the planet while delivering positive i…
Campaign will provide access to objective scientific advice on the role sugar can play in the diet
• Part of Illovo Sugar Africa’s Thriving African Community purpose
• Activity across Southern Africa supports AB Sugar’s global c…
Barclays Bank Ghana, part of the Absa Group, cemented its marketing and brand prowess in the banking sector after it won three key awards at the 2019 Marketing World Awards held on Friday, 8th November 2019.
Barclays was adjudged the Be…
Another deal signed on second day of the Africa Investment Forum 2019
The African Export-Import Bank (Afreximbank) and Thelo DB on Tuesday signed a Memorandum of Understanding at the Africa Investment Forum in Johannesburg…
As conversations continue to ricochet across the African continent about building new, mutually beneficial and effective models of development, Tony O. Elumelu CON, Founder of the Tony Elumelu Foundation, joins Ghanaian President, H.E Nana…
Tony O. Elumelu, Chairman of the Heirs Holdings & Founder, Tony Elumelu Foundation has urged African business and the private sector to embrace the concept of Africa beyond aid agenda championed by Ghana’s President, HE Nana Addo Danquah A…
The Minister of Finance, Mr Ken Ofori-Atta has stated that President Akufo-Addo has redeemed "virtually all the pledges he made to the people of Ghana".
Among the promises, he listed include the provision of access to secondary educatio…
Hong Kong stocks have fallen again as another day of anti-government protests cast a shadow over the city and rattled investors.
The Hang Seng index lost 2.2%, outpacing falls across Asia, continuing a downward path since Monday.
It …
Global retailers are facing scrutiny over cotton supplies sourced from Xinjiang, a Chinese region plagued by allegations of human rights abuses.
China is one of the world's top cotton producers and most of its crop is grown in Xinjiang.…
The forex forward auctioning which was recently announced by the Bank of Ghana (BoG) will curb the effect of speculative activities on the foreign exchange (FX) market, the Head of Financial Markets of Standard Chartered Bank, Mr Adoteye…
Leaders of the Economic Community of West African States (ECOWAS) have encouraged member states affected by the closure of Nigerian land borders to continue consultations to reach a solution acceptable to all parties.
In a communique is…
Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting.
The world’s largest telecoms equipment provider has…
Cal Bank Ghana 2019 third quarter profit increased by 18.1 per cent to GH¢135 million, in-coming Managing Director of the bank, Philip Owiredu has said.
The third quarter 2019 profit after tax of Cal Bank rose to GH¢135 million from G…
There are increasing hopes in Washington and Beijing that an agreement to help resolve the US-China trade war could soon be in sight. But this is a rivalry between two superpowers that is about much more than just trade, it is one that spa…